CAMBRIDGE, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)AURORA HUMANITARIAN INITIATIVE FOUNDATION INC, founded in 2015, is a community nonprofit in the Arts, Culture & Humanities sector that reported $4.1M in total revenue in fiscal year 2023. Revenue fell 33% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $2.2M, a strong 53% operating margin.
To support people and promote global projects tackling the needs of the most helpless and destitute Aurora is rooted in the events of the Armenian Genocide one hundred years ago and the enhancement of its position in the world's memory. We will uncover and tell stories of survival and humanity that transpired during the Genocide. In addition, the goal of the Organization is to generate global and local conversations about gratitude; about survivors and saviors from any time and from any place around the world; and about "on the ground" humanitarian projects that make a lasting difference.
The Aurora Humanitarian Initiative is a foundation that seeks to address on-the-ground humanitarian challenges around the world with the focus on helping the most destitute. Its mission is rooted in...
The Aurora Humanitarian Initiative is a foundation that seeks to address on-the-ground humanitarian challenges around the world with the focus on helping the most destitute. Its mission is rooted in the Armenian history as the Initiative was founded on behalf of the survivors of the Armenian Genocide and in gratitude to their saviors, and strives to transform this experience into a global movement. See Schedule F for more details.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $4,095,370 | $6,081,950 | -0.3% |
| Expenses | $1,908,981 | $3,722,919 | -0.5% |
| Net Income | $2,186,389 | $2,359,031 | -0.1% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| N/A | Board Chair/Secretary | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| N/A | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Chief Executive Officer/President | 2.0 |
Officer
|
$0 | $0 | $0 |
| N/A | EXECUTIVE DIRECTOR (AS OF 05/23) | 40.0 |
Officer
|
$126,913 | $0 | $126,913 |
| N/A | Chief Financial Officer/Treasurer | 4.0 |
Officer
|
$33,362 | $0 | $33,362 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $4,095,370 | $1,908,981 | $5,264,775 | $2,186,389 |
| 2023 | $4,095,370 | $1,908,981 | $5,264,775 | $2,186,389 |
| 2022 | $6,081,950 | $3,722,919 | $3,606,351 | $2,359,031 |
| 2021 | $1,764,400 | $2,550,742 | $1,150,777 | $-786,342 |
| 2020 | $4,088,947 | $3,261,260 | $2,009,308 | $827,687 |
| 2019 | $1,301,256 | $1,407,010 | $294,695 | $-105,754 |
| 2018 | $1,072,025 | $1,222,084 | $394,215 | $-150,059 |
| 2018 | $1,068,631 | $1,121,648 | $389,030 | $-53,017 |
| 2017 | $1,319,280 | $1,351,761 | $432,064 | $-32,481 |
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